GMR Airports to boost stake in Hyderabad International Airport in $100m deal

GMR Airports to boost stake in Hyderabad International Airport in $100m deal

In a significant move aimed at consolidating its position, GMR Airports Limited (GAL) and its affiliate, known collectively as the “GMR Group”, are set to acquire an additional 11% equity stake in GMR Hyderabad International Airport Limited (GHIAL). This acquisition comes from the MAHB Group, comprising Malaysia Airports Holding Berhad (MAHB) and its wholly-owned subsidiary, […]

GMR Hyderabad International Airport sells warehouse facility for Rs 188cr

GMR Hyderabad International Airport sells warehouse facility for Rs 188cr

GMR Hyderabad International Airport Limited (GHIAL), a subsidiary of GMR Airports Infrastructure, has revealed the divestment of an approximately 8,18,000 sqft warehouse facility located at the Hyderabad Airport. ILP Core Ventures I PTE Limited, a subsidiary of Indospace Core PTE Limited and India’s largest operator of core logistics and industrial real estate, has acquired the […]